Renewable America (RNA) has announced the mechanical completion of its Fallon Two Rock Road Solar Farm (Fallon). The site is expected to power 300 homes and save about 19,000 tons of carbon dioxide emissions throughout its 35-year lifetime. RNA obtained a California Environmental Quality Act category three exemption permitting the facility’s construction, while Sunwest Bank has been financing the project through a sale-leaseback structure. The agreement pushes California toward meeting the goals outlined in the state’s renewable energy portfolio, such as ensuring that utilities procure 60% of retail sales from renewable sources by 2030. RNA also closed a $150 million financing partnership with Excelsior Energy Capital in March last year.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
